COPJ Sprott Junior Copper Miners ETF Forecast, Technical & Fundamental Analysis

COPJ's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for COPJ turned positive on October 24, 2023. Looking at past instances where COPJ's MACD turned positive, the stock continued to rise in of 5 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where COPJ's RSI Oscillator exited the oversold zone, of 4 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on November 20, 2023. You may want to consider a long position or call options on COPJ as a result. In of 15 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

COPJ moved above its 50-day moving average on November 21, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for COPJ crossed bullishly above the 50-day moving average on November 28, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 1 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where COPJ advanced for three days, in of 43 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where COPJ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for COPJ entered a downward trend on November 20, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)